Manufacturer News - Page 11
European carmakers reported to be seeking 2-year delay on EV production targets
The European Automobile Manufacturers' Association (ACEA) is reportedly preparing to urge the European Union to delay its 2025 electric vehicle (EV) production and emissions targets by two years.
Jaguar’s EV ‘firebreak’ essential for sharp pivot to ultra-luxury: MD Rawdon Glover
Jaguar’s downsizing to just three core models and leaving behind its six- or seven-vehicle portfolio is crucial in its bid to emulate the "irrational need" for ultra-luxury, much like designer handbags.
Carmakers facing €15bn in fines over 2025 emissions targets, warns Renault CEO
Renault Group CEO Luca de Meo has warned that Europe’s car manufacturing industry could be fined up to €15 billion ($17.4 billion) due to slowing demand for electric vehicles (EVs), which threatens the sector's ability to meet stricter EU carbon emissions targets.
Tesla eyes competitive edge with full self-driving launch in Europe next year
Tesla is preparing to launch its Full Self-Driving (FSD) technology in China and Europe during the first quarter of next year, subject to regulatory approval. In a bid to gain the competitive edge in two critical markets.